Monopolies -- United States; Railroads and state -- United States
Corporations and joint stock companies should have such legislation and
judicial aid afforded them as is necessary to give them a legal being,
and place them on an equal plane with individuals, and no more. All
privileges, immunities, and favors granted to them, beyond such as
are necessary for the above enumerated purposes, are in conflict with
the spirit and genius of our government. The granting of exclusive
privileges to individuals or companies tends to build up an aristocracy
of wealth, to array capital against labor, and to divide the people into
classes. While we have no titled aristocracy in this country, under the
fostering care of the government an aristocracy of wealth has sprung up
among us, more despotic in its nature than exists in the old world. It
holds in its grasp the labor of the country; it compels the whole people
to pay tribute to it; it is constantly asking, claiming, and receiving
additional strength at the expense of the people. So great has its power
become throughout the country as to alarm all who have considered the
subject. For the purpose of self-protection, the laboring community
throughout the country are banding together to resist this monopoly.
The Patrons of Husbandry are moving in the same direction, all feeling
assured that no time must be lost, and that the welfare of the country,
the perpetuity of our free institutions, and the privilege of owning and
enjoying the fruits of thrift and labor, without giving at least
one-half of them to support these monopolies, demand prompt, united, and
efficient action.
We propose discussing the different matter referred to in the following
order:--
I. Donations of land and government subsidies, and their effect upon the
people and the country.
II. The oppressions practiced, and unjust discriminations made by
railroad companies in the transportation, shipping, and storage of
freights.
III. The unjust system of taxation and discrimination made by
legislatures and congress in favor of railroad companies.
IV. The financial policy of the government, and the aid afforded by it
to corporations and monopolies.
V. The tendency of the courts of the country to uphold special or class
legislation in favor of monopolies and corporations, at the sacrifice of
the interests and rights of the people.
VI. The banking system of the country with its useless burdens imposed
upon the public.
VII. The policy of protective tariff, and its effect upon the people and
the interests of the country.
VIII. The evils incident to the patent laws of the country.
IX. The author will present his views respecting the means to be used
for redressing the grievances considered by him.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account